BCBA:DGCE Cash Flow Statement

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	44,255	19,403	8,917	-2,889	-2,198
Depreciation & Amortization	16,849	12,073	12,401	5,713	2,048
Other Amortization	-	515.58	538.96	471.44	-
Loss (Gain) on Sale of Assets	918.32	-49.1	-93.77	-	114.49
Loss (Gain) on Sale of Investments	-267.25	-	111.89	-1,477	549.8
Loss (Gain) on Equity Investments	-	-135.79	-46.51	-	-
Asset Writedown	-	-	-	287.95	-
Change in Accounts Receivable	-26,032	-23,950	13,972	2,039	2,044
Change in Inventory	-370.3	310.08	-102.82	-85.5	41.64
Change in Accounts Payable	31,892	28,155	-19,855	-3,886	-5,003
Change in Income Taxes	-23,173	-664.81	-789.47	-3,799	-563.57
Change in Other Net Operating Assets	-824.46	-1,843	-1,138	1,086	602.62
Other Operating Activities	17,491	19,256	-34,442	1,998	3,064
Operating Cash Flow	62,117	53,745	-20,227	-937.54	1,038
Operating Cash Flow Growth	15.58%	-	-	-	12.78%
Capital Expenditures	-12,268	-8,283	-5,410	-2,671	-930.18
Sale of Property, Plant & Equipment	45.86	49.1	93.77	-	-
Sale (Purchase) of Intangibles	-	-644.38	-622.18	-249.56	-
Investment in Securities	27,623	-31,657	48,877	2,482	-565.39
Investing Cash Flow	15,401	-40,536	42,939	-438.81	-1,496
Common Dividends Paid	-90,758	-	-29,754	-	-
Financing Cash Flow	-90,758	-	-29,754	-	-
Foreign Exchange Rate Adjustments	5,612	2,104	6,232	1,638	16.61
Miscellaneous Cash Flow Adjustments	-	3,118	-	-	414.48
Net Cash Flow	-7,628	18,432	-810.23	261.78	-26.14
Free Cash Flow	49,849	45,462	-25,637	-3,609	108.16
Free Cash Flow Growth	9.65%	-	-	-	5.52%
Free Cash Flow Margin	13.85%	18.37%	-16.74%	-4.35%	0.36%
Free Cash Flow Per Share	310.67	283.32	-159.77	-22.49	0.67
Cash Interest Paid	-	220.47	800.04	100.48	45.18
Cash Income Tax Paid	-	816.05	534.65	1,304	207.06
Levered Free Cash Flow	36,610	53,184	-4,476	6,093	-
Unlevered Free Cash Flow	37,351	57,915	-2,786	6,972	-
Change in Working Capital	-18,508	2,008	-7,913	-4,645	-2,878

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.